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Data through Q3 2026 · 4,200 institutions
Regulatory profile
Piedmont, AL · FDIC certificate #1735
FARMERS&MERCHANTS BANK is an FDIC-insured institution based in Piedmont, AL (FDIC certificate #1735). In its Q3 2026 Call Report it reported total assets of $307M, total deposits of $264M and net loans of $157M. Its primary federal regulator is FDIC.
Plain-language readout
FARMERS&MERCHANTS BANK has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $312M in Q1 2026 and were lowest at $307M in Q3 2026.
Total deposits were highest at $278M in Q1 2026 and lowest at $264M in Q3 2026.
Over the whole period total assets fell 1.6%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $307M | $264M | $157M | 0.73% | 7.16% | 4.23% |
| Q2 2026 | $309M | $269M | $151M | 0.85% | 8.23% | 4.21% |
| Q1 2026 | $312M | $278M | $144M | 0.84% | 8.18% | 4.18% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $9.3M | $12.5M | -$3.2M | -25.9% |
| Federal funds sold | $172K | $4.1M | -$3.9M | -95.8% |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $127.3M | $130.9M | -$3.6M | -2.7% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $0K | $0K | $0K | n/a |
| Net loans and leases (after allowance) | $151.3M | $144.4M | +$7.0M | +4.8% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $9.1M | $9.3M | -$106K | -1.1% |
| Other real estate owned | $0K | $0K | $0K | n/a |
| Investments in unconsolidated subsidiaries and associated companies | $16K | $16K | $0K | 0.0% |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $0K | $0K | $0K | n/a |
| All other assets | $11.5M | $10.7M | +$763K | +7.1% |
| Total assets | $308.7M | $311.8M | -$3.1M | -1.0% |
| Liabilities | ||||
| Total deposits | $268.6M | $277.6M | -$8.9M | -3.2% |
| Federal funds purchased | $0K | $0K | $0K | n/a |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $6.0M | $0K | +$6.0M | n/a |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $2.1M | $2.1M | +$55K | +2.7% |
| Total liabilities | $276.8M | $279.6M | -$2.9M | -1.0% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $21K | $21K | $0K | 0.0% |
| Surplus | $380K | $380K | $0K | 0.0% |
| Retained earnings | $38.7M | $38.3M | +$464K | +1.2% |
| Accumulated other comprehensive income | -$7.1M | -$6.5M | -$676K | -10.5% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $32.0M | $32.2M | -$212K | -0.7% |
| Credit and capital | ||||
| Gross nonperforming assets | $1.2M | $884K | +$316K | +35.7% |
| Adjusted nonperforming assets | $1.2M | $884K | +$316K | +35.7% |
| Tangible equity plus allowance | $33.9M | $34.2M | -$284K | -0.8% |
| Texas ratio (gross) | 3.54% | 2.58% | +0.95 pts | See points |
| Texas ratio (adjusted) | 3.54% | 2.58% | +0.95 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 6.02% | Not reported | Not reported | See points |
| Tier 1 capital to risk-weighted assets | 17.02% | 17.60% | -0.58 pts | See points |
| Common equity Tier 1 to risk-weighted assets | 17.02% | 17.60% | -0.58 pts | See points |
| Tier 2 capital to risk-weighted assets | 0.85% | 0.92% | -0.07 pts | See points |
| Total risk-based capital to risk-weighted assets | 17.87% | 18.53% | -0.66 pts | See points |
| Tier 1 leverage (approximate) | 12.73% | 12.43% | +0.30 pts | See points |
| Construction and land loans to total capital | 40.63% | 34.83% | +5.80 pts | See points |
| Commercial real estate to total capital | 103.87% | 99.15% | +4.72 pts | See points |
| Dividend payout, year to date | 30.35% | 30.53% | -0.19 pts | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -23.10% | -21.17% | -1.93 pts | See points |
| Liquidity | ||||
| Core deposits | $233.9M | $242.8M | -$8.9M | -3.7% |
| Non-core funding | $40.7M | $34.8M | +$5.9M | +17.0% |
| Loans to core deposits | 65.52% | 60.29% | +5.23 pts | See points |
| Loans to deposits | 57.06% | 52.74% | +4.32 pts | See points |
| Brokered deposits share of deposits | 0.00% | 0.00% | 0.00 pts | See points |
| Pledged securities share of securities | 37.41% | 36.17% | +1.24 pts | See points |
| Loans pledged, share of loans | 44.35% | 43.74% | +0.60 pts | See points |
| Volatile liabilities | $40.7M | $34.8M | +$5.9M | +17.0% |
| Earnings | ||||
| Earnings before provision, year to date | $1.6M | $798K | +$836K | +104.8% |
| Earnings before provision, single quarter | $836K | $798K | +$38K | +4.8% |
| Provision for credit losses, year to date | $0K | $0K | $0K | n/a |
| Yield and cost | ||||
| Yield on loans and leases | 6.94% | 6.86% | +0.07 pts | See points |
| Yield on interest-bearing balances due from banks | 3.87% | 2.92% | +0.94 pts | See points |
| Total interest income to average assets | 4.74% | 4.63% | +0.11 pts | See points |
| Cost of interest-bearing transaction accounts | 0.29% | 0.29% | +0.00 pts | See points |
| Cost of savings and money market deposits | 0.25% | 0.25% | -0.00 pts | See points |
| Cost of time deposits | 3.02% | 2.99% | +0.02 pts | See points |
| Total interest expense to average assets | 0.86% | 0.83% | +0.02 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $307M | $264M | $157M | 0.73% | 7.16% | 4.23% |
| 2026-06-30 | $309M | $269M | $151M | 0.85% | 8.23% | 4.21% |
| 2026-03-31 | $312M | $278M | $144M | 0.84% | 8.18% | 4.18% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| AL | $284.1M | 0.20% | 71 | Continuing · +0.01 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.